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Caribou Coffee - Atlanta (Kennesaw) GA 2705 Cobb Pky NW 1,466 SF Retail Building Kennesaw, GA 30152 $3,399,065 CAD ($2,318.60 CAD/SF) 5.75% Cap Rate
INVESTMENT HIGHLIGHTS
- Brand New 10-Year Lease | Scheduled Rental Increases | Growing Brand
- Dense Retail Corridor | Strong National/Credit Tenant Presence | Nearby School | Cobb County International Airport
- Strong Demographics within 10-mile Trade Area | Six-Figure Incomes
- NN Lease | Fee Simple Ownership | Limited Landlord Responsibilities
- Near Signalized, Hard Corner | Excellent Visibility
EXECUTIVE SUMMARY
• The tenant just recently signed a 10-year lease with 3 (5-year) options to extend, demonstrating their commitment to the site
• The lease features 10% rental increases every 5 years during the initial term and at the beginning of each option, growing NOI and hedging against inflation
• Caribou Coffee serves high-quality handcrafted beverages and crave-worthy food in more than 800 coffeehouses worldwide
• The lease features 10% rental increases every 5 years during the initial term and at the beginning of each option, growing NOI and hedging against inflation
• Caribou Coffee serves high-quality handcrafted beverages and crave-worthy food in more than 800 coffeehouses worldwide
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
1,466 SF
Building Class
B
Year Built
2025
Price
$3,399,065 CAD
Price Per SF
$2,318.60 CAD
Cap Rate
5.75%
NOI
$195,429 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
0.85 AC
Zoning
HGB - Highway General Business
Parking
30 Spaces (20.46 Spaces per 1,000 SF Leased)
Frontage
100’ on Lakewood Dr
AMENITIES
- Pylon Sign
- Drive Thru
NEARBY MAJOR RETAILERS
1 of 7
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
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Caribou Coffee - Atlanta (Kennesaw) GA | 2705 Cobb Pky NW
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